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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
Nov 08, 1978
Page
4
The 96th Congress will likely carry into the 1970s a mandate from voters fed up with government waste. Candidates across parties touted tax cuts and reduced spending, signaling a shift away from past decade excesses.
Voters in Virginia turned out heavily in the U S Senate race with over 1.2 million ballots counted, defying predictions of apathy and even outpacing 1970 midterm turnout while economists warned of a weak economy and high inflation.
Washington column traces the term Fourth Estate to William Hazlitt and examines citations from Carlyle Burke Macaulay and Brougham. It argues Hazlitt coined the phrase in the sense of the press and urges open questions about conventional attribution.
Rowland Evans and Robert Novak report that President Carter shifts from opposing mandatory wage and price controls to supporting nonmandatory guidelines in a Sept 1977 exchange with Sen. John Tower. The piece also notes White House friction with Treasury official W. Michael Blumenthal and adviser Joseph Laitin, and comment by Jody Powell praising Laitin.
A letter to the Evening Star recalls Winchester in 1933 vs 1978 describing drive-ins roller skating rinks bluegrass and disco festivals like Apple Blossom, Shenandoah College concerts, affordable meals, a fast city sign replacement, and the city as history living home to plain and fancy folks. The writer now lives in Winchester and declares they are truly home.
Economist Herbert Stein notes wage and price controls failed to curb inflation in 1971 74 and explains why such controls cannot work. He cites faulty rationale, expansionary policy during controls, sector price pressures, and political resistance as core failings. The piece from the American Enterprise Institute outlines lessons: avoid flirting with controls and resist overoptimistic management.
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